Gasoline Gains 9.6¢ to $2.048 a Gallon
Gasoline’s national average price rose nearly a dime in the three weeks ended Friday to $2.048 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
The 9.6-cent gain left the price $1.27 below the same week last year, according to the Lundberg survey, which is released twice a month.
The survey reported that the lowest nationwide price was in Newark, N.J., at $1.83 a gallon, while the highest was in Anchorage, Alaska, at $2.40.
Meanwhile, the Wall Street Journal reported Monday that U.S. gasoline demand may have peaked, due to lower demand, higher-mileage vehicles and more alternative fuels.
Demand for all petroleum-based fuels — including gas, diesel and jet fuel — fell 7.1% last year, according to the Department of Energy, the biggest decline since at least 1950, when reliable data began being collected, the Journal said on a front-page story.
